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SN Top 10: Rite Aid, Target, Kroger top the week's headlines
October 2, 2023
10 Slides
In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was Rite Aid, bracing for bankruptcy, will close hundreds of stores. Rite Aid is getting ready to close hundreds of stores as it gets ready to file for bankruptcy, reports the Wall Street Journal. The Philadelphia-based retailer has over 2,100 locations, and the ones which are not closed will either be sold or taken over by creditors. It’s speculated that as many as 500 stores could be closed.
Among other top stories:
12 Kansas City CVS stores close as pharmacists walk out
Kroger breaks ground on first Marketplace store
12 things you might not know about the U.S. grocery industry
FTC Chair voices concern over Kroger, Albertsons merger
In other news, CVS has issued an apology after temporarily closing as many as 22 stores in Kansas City as pharmacists went through with a planned walkout protesting unsafe workplace claims, reports USA Today. The Kansas City CVS locations unexpectedly closed because the pharmacists in charge staged an organized walkout, calling in sick to protest recent corporate decisions.
Other top stories:
FTC sues Amazon, says the ecommerce giant is a monopoly
Target will close nine locations across four states due to theft
CVS walkout ends; pharmacists say they are hopeful regarding new workplace plan
Costco faces huge mattress recall
